Business/Financial
-
Business/FinancialLeonardo Postpones Public Offering For U.S. Business DRS
Citing “adverse market conditions,” Italian aerospace and defense contractor Leonardo on Wednesday postponed plans to take its U.S.-based Leonardo DRS subsidiary public, just more than a week after announcing it […]
-
Business/FinancialToshiba Invests In Counter-Drone Company Fortem; Form Strategic Alliance
Fortem Technologies on Tuesday said it has received a $15 million investment from Japan’s Toshiba Corp. that will allow it to quickly scale and meet demand for increased production of […]
-
Business/FinancialPrivate Equity Firm Agilitas Acquires TenCate Advanced Armour
Agilitas Private Equity, which is based in London, last week closed its acquisition of TenCate Advanced Armour Holding (TCAA) from Royal TenCate. Terms of the deal, which was first announced […]
-
Business/FinancialSingapore’s ST Engineering Attempting To Outbid Veritas, Evergreen For Cubic
Cubic Corp. [CUB] on Monday said it has received an unsolicited acquisition offer from Singapore’s ST Engineering (STE) priced at $76 per share, a proposal the company says would be […]
-
Business/FinancialAMETEK To Acquire Embedded Computing Systems Developer Abaco Systems
AMETEK, Inc. [AME] on Monday said it has agreed to acquire Abaco Systems, Inc., a developer and supplier of embedded computing systems, for $1.4 billion in cash from the private […]
-
Business/FinancialPangiam Acquires Facial Recognition System Developed By Airport Authority
Pangiam, a portfolio company of the private equity firm AE Industrial Partners (AEI), last Friday said it acquired an integrated facial recognition system from a Washington, D.C.-area airport authority that […]
-
Business/FinancialBittner is New General Manager for BWXT Lynchburg
Jim Bittner is taking over as vice president and general manager for BWX Technologies’ [BWXT] Nuclear Operations Groups’ Lynchburg, Va., manufacturing facility, which manufactures reactors for naval aircraft carriers and […]
-
Business/FinancialIronNet Cybersecurity Merging With Special Acquisition Company For Investment With Plans To Go Public
IronNet Cybersecurity, a pureplay cyber security firm founded and co-led by former National Security Agency Director and the first Commander of U.S. Cyber Command Gen. Keith Alexander, on Monday said […]
-
Business/FinancialAerojet Rocketdyne Shareholders Approve Deal With Lockheed Martin
Aerojet Rocketdyne [AJRD] said Tuesday evening that its stockholders have approved the $4.4 billion sale of the company to Lockheed Martin [LMT], clearing a hurdle on the deal that is […]
Tagged in: -
Business/FinancialTeledyne Clearing Milestones On Way To Closing FLIR Acquisition
Teledyne Technologies Inc. [TDY] on Tuesday said it remains on track to close its $8 billion acquisition of FLIR Systems Inc. [FLIR] after clearing a federal antitrust review and achieving […]